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  1. Pick the CD term you want and the interest rate will be guaranteed for the entire period. You can begin with as little as $500, with the flexibility of having your interest credited to your CD account, or transferred to your checking, savings, or money market savings account.

  2. Jun 26, 2024 · Here’s what you need to know about Santander Banks CD rates and whether Santanders CDs are worth considering. Santander Bank offers certificate of deposit (CD) terms for...

  3. Our interest-bearing CDs, money market savings, and savings accounts are fit for your short- and long-term goals. Let us help you get started. Santander Select® Money Market Savings. Enjoy better rates and benefits with your Santander Select relationship*.

  4. Jul 16, 2024 · Santander Bank offers fixed-rate CDs with two-term options: six and ten months. Both require a minimum deposit of $500, which is low compared to many other banks.

  5. Jul 17, 2024 · These include: Interest rates could change: If interest rates rise during your CD term, you could miss out on potential interest earnings. Limited terms: Santander Bank only offers two CD terms, which makes it difficult to set up a CD ladder. How Do Santander CD Rates Stack Up. Santander CD rates are reasonably high.

  6. 5.00% Annual Percentage Yield* 6 Month Business CD. See additional rates. What is a Certificate of Deposit? A business Certificate of Deposit (CD) is an FDIC insured † promissory note that has a fixed interest rate and fixed date of withdrawal, known as the maturity date.

  7. Jun 24, 2024 · Bottom Line. Santander Bank features just two CD rates and terms on its website and they are quite competitive. However, the longest term you'll find is 10 months, and you'll need to visit...

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